Morpho, the leading permissionless decentralized lending platform, in collaboration with TAC, a Layer 1 blockchain enabling Ethereum dApps to access Telegram’s 1B users, is bringing bluechip Ethereum DeFi to TON through the Morpho Telegram MiniApp (TMA). Morpho’s move comes as a growing number of Ethereum-native protocols like Curve Finance, already live on testnet, looking for new distribution channels beyond the traditional crypto audience.
Morpho is the second largest lending protocol on Ethereum and its Telegram MiniApp will offer one-tap access to earn, borrow, repay, and withdraw functions for over 1B TON and Telegram users. The launch brings Morpho’s bluechip DeFi services, such as deposits, borrowing, and repayments, to the TON ecosystem. There will be real-time dashboards with APYs and collateral positions. The Morpho MiniApp will be fully integrated with TON Connect and Telegram’s Wallet. Morpho reduces barriers to DeFi access and offers an intuitive experience for permissionless lending by embedding its services directly into Telegram.
The Morpho Telegram MiniApp functions as a Hybrid dApp where it maintains its Ethereum Virtual Machine (EVM) codebase while becoming directly accessible inside Telegram.
The Morpho Telegram MiniApp is scheduled for initial deployment on the TON testnet with EVM smart contracts’ deployment on TAC and with subsequent migration to the TON Mainnet.
With Telegram’s recent 1B users milestone and TON’s developer momentum, the Morpho MiniApp represents a strategic push to bring DeFi to where users already are.
About Morpho
Morpho is a leading permissionless decentralized lending platform operating on two levels. For individuals, Morpho offers tailored solutions that enable users to earn yields and borrow assets on their own terms. For developers and businesses, Morpho provides a flexible infrastructure stack that empowers the creation of custom lending applications. Morpho’s unique value lies in offering users the ability to tailor their own risk-reward profile by selecting from curated vaults, markets, or products.
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About TAC
TAC is a Layer 1 blockchain introducing a novel TON Adapter enabling Ethereum dApps to access Telegram’s 1B+ users. TAC makes it seamless for Ethereum dApps to be deployed on TON. EVM functionality and liquidity brought to the TON ecosystem enable builders to focus on consumer use cases.
